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USD/CAD jumps back above 1.35 as Canadian CPI misses estimates
The January Canadian inflation data has just been released. The outcome of this has seen sent the Canadian dollar spike lower and that is because inflation did not bounce back last month. the reading was at zero and the annualised reading was lower too, at 2.9%. The markets had expected that to come in at 3.3%. So, the USD/CAD has jumped back above 1.35 once more. It is currently trading at 1.3507
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Canadian payrolls surge by 81k- USD/CAD falls on the news
The Canadian June jobs report has just been released. As noted earlier the markets were not looking for much of a change in payrolls last month, after...
